Posts

Gamestop Rallied Crazy Again

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  Hello People, So today we will talk about an amazing story and as you have read the title “Gamestop…….” So, for those who do not know much about Gamestop! Gamestop is an American company that sells video games, consoles and different other electronics.. Yes! right, so what’s wrong now? Probably some days back, you must have heard of Gamestop stock went fire ! If not then let me couch in some important details to your notice. Reddit (a social media site) and in particular wallstreetbets a forum in Reddit maybe you call it subreddit. These people were involved in something called shorting……..phew technical? Let's decode it with an example Suppose you borrowed some chocolates from an XYZ colleague worth $100 because you had an idea it will go down in future, mind you! you have not consumed it !!!! And you sold it to your neighbour and now what happens the chocolate price tanked to $70 that means you can easily mint a profit of 30$ and since you sold it for $100 and...

China is back as India’s top trading partner

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  Helllooo People, How are you doin.’? Well, today we have something interesting to talk about after a bloody border conflict in which India lost many soldiers and as a retaliatory action they banned numerous Chinese apps citing security reasons. Months after this news breakout, China has reclaimed its top spot displacing the US!!! You heard it right, According to the commercial ministry data “ Two-way trade between the longstanding economic and strategic rivals stood at $77.7 billion last year” And as I would like to quote one graph here from Bloomberg You can see how China has regained the spot Well, now the question arises here “ If that was all then why did the government showed resistance to Chinese apps and slowed down several projects in disdain”? So now as you know a country can’t become self-reliant in one year rather it is a collaborative the effort which drives “self reliancy” but China is a top exporter and world is highly dependent on it due to the sophist...

Is India becoming a “Capitalist Economy” in the name of “Atmanirbhar Bharat”

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  Hello folks, I’m back with a brand new story (: As Investopedia says ( Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods an services are based on supply and demand in the general market) In simple terms, if I had to say Capitalist economy referred to as the economic system wherein the factors of production (land, labour, capital, entrepreneurship) is controlled and regulated by the private sector. Now the question comes …. India is a mixed economy so now how they are transiting from mixed to capitalist? Well, guys with the massive increase in the privatization in different sectors and the rising disinvestment in different wholly-owned subsidiaries by the government indicates their inability to handle growing demand. So what exactly is happening now? From Space to the Insurance sector government is inviting private players to take on a leap as one of the statements quoted “ We want to act as a facili...

Petrol and Diesel Prices in India are burning your hands

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  Hello Folks, Today we will be talking about a much-heated topic and trending one #fuelpricesshootingup. Just to awake your subconscious mind fuel prices in Sri Ganganagar a city in Rajasthan were recorded at ₹100.56 + and diesel was recorded at ₹93.2+ and the prices are soaring high due to which general commodities have become costly to afford. According to Petroleum Planning & Analysis Cell which is the data keeper of Oil Ministry, the country imported 270 Million Metric Ton of crude oil valuing $120 billion in the year 2019-20.   The amount is even nearly 500% more than the average value of exports made by India in the corresponding year. Well, the ministry of oil and petroleum is blaming international countries and markets where the oil supply has been reduced and they are doing this to lure more profit. Certainly, we know that this is not the only reason behind a rise in the prices of fuel as the real reason is something bigger than what you think…………..hu...

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